Corporate fraud task force hits high water mark with Lay indictment
The Corporate Fraud Task Force has reached a high-water mark as Enron chief Kenneth Lay is indicted, joining a growing list of senior executives charged in corporate scandals. Justice officials cite deterrence from tougher laws and aggressive prosecutions, while trials for Ebbers Scrushy and others loom amid complex cases and cooperative witness networks.
MENTIONED IN THIS ARTICLE
Justice Department
Washington
Enron Corp
Kenneth Lay
Enron
Robert Mintz
New Jersey
Lay
James Comey
Comey
Kenny Boy
Bush
Jane Cabrera
Democratic National Committee
Ken Lay
George W. Bush
White House
Worldcom Inc
Bernard Ebbers
HealthSouth Corp
Richard Scrushy
Stocks mixed as investors puzzle out earnings
Analysts trimmed tech, Merrill Lynch downgrades the semiconductor sector and Intel ahead of its earnings. Banking shares buoyed large caps but overall markets stayed mixed as investors await major reports and weigh a string of warnings.
MENTIONED IN THIS ARTICLE
New York
Merrill Lynch
Intel Corp
Todd Leone
Equity Trading
SG Cowen Securities
Morgan Stanley settles sex bias claims for 54 million
Morgan Stanley will pay 54 million to resolve widespread sex discrimination claims raised by the EEOC and Allison Schieffelin. The pact includes 12 million to Schieffelin and 40 million for other women, plus 2 million for diversity programs. The case marked the EEOC's first sex discrimination trial against a Wall Street firm.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Morgan Stanley
Equal Employment Opportunity Commission
Morgan Stanley Bond
Allison Schieffelin
Schieffelin
U.S
Richard M. Berman
EEOC
Carl M. Dominguez
Philip J. Purcell
Stockyards Springfield Prices and Illinois Hog Laws
Eastern Cornbelt carcass prices by inch of fat cover range 75.50 to 86.68 for 0.5 inch down to 70.00 to 81.14 for 0.9 inch. Today's negotiated purchases total 11,906. Illinois Direct Hogs show trading steady with moderate demand and offerings. US 1-3 weights 300-400 lbs 44.00-48.00, 400-500 lbs 45.00-49.00, 500-600 lbs 46.00-51.00, over 600 lbs 48.00-52.00. Boars under 300 lbs 35.00-40.00, over 300 lbs 10.00-14.00.
MENTIONED IN THIS ARTICLE
Alcoa Inc
Coke
Kmart
Prudential
Altria Group Inc
ConAg
Kroger Wat Qualcomm
Ameren
CVS Corp
Lee Ent
Ryerson Tull
Apple
Devon
Lowes
Sears
Southern Co
Applied Materials
Dillard's
May Dept Stores
US Bancorp
Bob Evans
Ford Motor Co
Occi. Petrol
USG
Boeing
Gen. Dyn
Veritory
BP Amoco
Gen. Motors Snr
O'charley’s
Old Nat. Banc
Wachovia
Canadian Rail
New York
ITT
NYSE
AMR
Jabil
At&t
Johan
Att Weis
Kohls
AbtLab
Ersprirm
Accenture
AMD
LehmBr
Agere
Libtyma
LillyEli
Agilent
Lockholm
Albertsn
Alcoa
LowesCos
Lucent
Allstate
MBNA
Altrna
Mattel
AmExp
McKesson
Anheust
Medtrnic
Merck
Avaya
Merrillyn
BP PLC
Micront
Bk of Am
BKNY
Motorola MorgStan BellSouth
BestBuy
Mylans A
NCR Cp
CVS Cp
Cadence
NokiaCp
Calpine
Nortein If
CardinHit JA Penney
PepsiBott
CaremkRx
PepsiCo
Carnival
Pfizer
Cendant
ChevrnTex
Procto S
Citigro
QwestCm
CitzComm
SAP AG
SBC Com
ClearChan
Saks
Schimb I
Compas
Schwab
ConAgra
Spratfon
CypSem
Strykers
OR Hortns
SunTest
Delta Air
Symbit
Disney
Sysco
DuPont
TXU Corp
Dynegy
Taiwiemi
Etrade
Target
EMC C
Telnorl
el PasoCo
EDS
ExxonMb
Fairchilds
Unit
FanniMac
UtdMicro
FirstData
US Bancro
Fordm
UsSteel
ForestLab
UtdhithGp
VerizonCm
Gap
Gateway
Viacomb
Genentchs
Vishay
GenElec
Vodafone
GnMetr
Goldmans
WalMart
Goodyear
Walgrn
Hallibin
WA Mat
Hewlettp
WellsFrgo
HomeDp
Wyeth
Honwlind
Zimmer
Springfield
Illinois
Grain futures rise and fall on Chicago Board trades
Chicago AP reports mixed grain futures with wheat up 7 cents to 3.45 a bushel for September delivery while September corn gains 1 cent to 2.48 a bushel and September oats rise 2 cents to 1.38 a bushel. August soybeans drop 28 cents to 7.86 a bushel.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Also Mentioned on This Page
Adelphia Communications Corp
John Rigas
Timothy
Sharehold
Credit Suisse
First Boston
Bankino Sar
Frank dWau
Martha Stewart
Nouthern
Www
Thesouthern.com
Standard & Poor's
Intel
Apple Computer Inc
Johnson & Johnson Co
Bank of America
Keith Keenan
Wall Street Access
IBM
Russell
Minin
Royal Building Products
South Side Lumber
S. Park
Sslumber
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